As cannabis bans are relaxed in more U.S. states, the race is on to develop an instant roadside breathalyzer for police to test drivers who may be taking the “high” road. Vancouver-based Cannabix Technologies Inc., founded by a retired Royal …
Fairfax India Holdings Corp., the $1 billion fund created by Toronto-based investor Prem Watsa, offered to buy 26 percent more in Indian brokerage IIFL Holdings Ltd.* for $255 million. Fairfax India announced an offer to purchase about 83.1 million shares …
The unexpected announcement in UK Chancellor George Osborn’s budget, which would raise the Insurance Premium Tax (IPT) from 6 percent to 9.5 percent starting in November, poses a problem for UK-based insurers. David Coupe, a partner in EC3\Legal, said: “The …
Overall losses and insured losses from natural catastrophes during the first half of 2015 were below long-term average values, according to a review of global natural catastrophes issued by Munich Re. Total natural catastrophe losses incurred in the first half …
The probability of injured workers getting back surgery depends on the area of the country in which they seek treatment for their back pain. According to a Workers Compensation Research Institute (WCRI) study, “Why Surgery Rates Vary,” back pain is …
The Pacific Ocean, named for placidity, is roaring. In the past week, eight tropical systems — and that includes two major typhoons — have formed across the Pacific from China to Mexico. On top of that, another system developed in …
Companies looking to form captives in Georgia can now do so with more favorable conditions since the passage of several business-friendly amendments to the Georgia captive insurance law, which became effective July 1. The effort to make the changes to …
Drone enthusiasts are calling a ban on the unmanned vehicles within five miles of Georgia’s Capitol an overreach of authority by state officials, while agency officials argue the change is necessary and follows federal guidelines. It’s the latest clash between …
Willis North America, a unit of Willis Group Holdings plc the global risk advisory, re/insurance broking, and human capital and benefits firm has appointed Fred Zutel as senior vice president of Willis of Miami. In this role, Zutel will be …
Westfield Insurance, a super-regional property and casualty insurance carrier based in Westfield Center, Ohio, has hired Robyn Hahn as the new role of Group Marketing and Communications Leader. Hahn will assume overall responsibility for the planning, development, implementation and execution …
